Chapter 346 The Favor of the “National Team”

At this point in time, Hu Yang has no idea whether the country has established an integrated circuit development fund.

But in any case, the amount of funds is one thing, and the attitude of support is another. Hu Yang feels that the news brought by Director Huang today is a good sign.

When I returned to the "old house" in the evening, Aunt Han had already prepared a table of dishes.

Hu Yang stepped forward, took a look, and said with a smile: "Aunt Han, your craftsmanship is getting better and better. Huh? And there are hairy crabs? You are in luck today..."

Lin Yan knew that the boss was fond of eating hairy crabs, so she quickly went to the house and took out a bottle of Maotai.

"Mr. Hu, let's drink Maotai."

"Okay, it's best to eat hairy crabs and drink Maotai. Awen, you guys should come over and eat together. Aunt Han has cooked a lot of dishes today."

Hu Yang also greeted Aunt Han, but she was still the same as before, absolutely refusing to serve.

Han Wen and others are more casual. When there are no outsiders, they often eat with Hu Yang.

"Assistant Lin, what are your future plans? For example, which city do you want to stay in? What kind of job do you like? Of course, the position of assistant does not count."

After eating, Populus euphratica sat in the pavilion in the yard for a while. In the golden autumn of October, the weather in the city is neither cold nor hot, which is just right.

Lin Yan also followed him to the pavilion.

"Boss, what do you mean? Do you want to drive me away?"

Lin Yan was not mentally prepared at all. When she suddenly heard Hu Yang say this, her eyes suddenly turned red. She thought to herself that she had not made any mistakes in her recent work.

Hu Yang had actually had this idea for some time. It wasn't because Lin Yan didn't perform well, but because Lin Yan followed him around all day long, and it could be said that she worked hard and achieved great results. He thought he could give her a better future.

As a result, Lin Yan actually cried as soon as she opened her mouth.

"Ahem, I just want to give you a better position so you don't have to work so hard every day. Look at you, why are you crying?"

"Boss, if you hadn't disliked me, I would still want to be your assistant."

Lin Yan's tears turned into laughter. It turned out that this was what her boss had in mind.

"Hey, you. Well, let's wait until two years to discuss this matter. Then don't blame me for delaying your youth..."

Hu Yang secretly decided to give Lin Yan another salary increase, at least the income should be equivalent to that of Ye Chong and others.

As for Han Wen and others, the salary is not too high, but the benefits are good. Moreover, Populus euphratica will give them red envelopes every year and festival, and the amount is very considerable.

Hu Yang has always had this character for many years. He is not nepotistic, but he will always take care of those who are close to him.

"Okay, boss. You've drank a lot today, so don't stay out in the cool breeze for too long. Come on, let's go back to the house..."

Lin Yan didn't care and took Populus euphratica back to the house.

The next day.

Xintong International announced that the company plans to conduct an additional issuance. The total amount of the additional issuance is 20% of the company's total share capital, which is 2.6 billion shares. The additional issuance price is 2.86 yuan (2.7 Hong Kong dollars) per share, using a combination of private placement and online public offering.

method.

At the same time, Xintong International submitted an additional issuance application to the Stock Exchange.

In Hong Kong, matters such as the company's additional issuance are simpler than in the mainland securities market. However, one thing is that if the company makes a wrong judgment, it is entirely possible that the company will not be able to sell the shares.

For example, Xintong International's additional issuance was quickly approved by the exchange. However, after inquiring prices from major institutions, it ran into trouble.

Almost all large institutions not only think that the price of Xintong International's additional issuance is too high, they don't want to buy it at all.

Why? Because they feel there is no investment value.

Xintong International's stock price has finally filled up after ten for ten. The price of more than five yuan, large institutions believe that it has been overvalued by the market. The current additional issuance price is nearly three yuan. After the news of the additional issuance came out, the stock price

If it falls again, where will there be room for profit?

In fact, the big institutions cannot be entirely blamed. Xentong International's profitability has been criticized by the market. This is a company that only burns money and has no profit prospects.

As soon as the news of the company's additional issuance came out, Xentong International's stock price fell, falling below 4 yuan within a few days.

"Mr. Hu, the situation of Xintong International's online sales is not optimistic. I estimate that the probability of failure is high."

Yu Hongbo, who was far away in Xiangjiang, also called Hu Yang and said that he had seen the failure.

"I still don't believe it. Everyone's vision is so bad. I think back then, in order to catch up with Taipower, Samsung didn't throw a lot of money into it, and didn't consider profitability for several years. Why did it not matter when it came to Xentong International?

Is it recognized by everyone?”

Hu Yang gritted his teeth and decided to let Huijia International Investment subscribe for the full amount in Xiangjiang. If no one bought it, Huijia International Investment would buy 80% of the additional shares.

What is the 80% share of the additional issuance? That is 80% of the 2.6 billion shares, which is 2.08 billion shares. The price per share is 2.86 yuan (HKD 2.7), requiring an investment of 5.9488 billion yuan (HKD 5.616 billion).

The financial pressure is not great. Huijia International Investment still has 7 billion Hong Kong dollars in Hong Kong dollar accounts.

The funds in the US dollar account have been transferred to the securities account, and there is currently no balance. The last time it established a North American company, Huijia International Investment borrowed US$50 million from the bank and invested in the offshore company "Huijia Group" located in the Cayman Islands.

" on the account.

Hu Yang's anger comes from everyone's underestimation of the value of Xintong International, but there is nothing he can do about this kind of thing. He can't just go around shouting with a big loudspeaker, right?

"Mr. Hu, there was a Mr. Li just now who claimed to be the director of the Integrated Circuit Development Fund. He said that he wanted to talk to you in person about investing in Xintong International. He said that he would come to Xintong International within an hour.

Administration Building.”

Lin Yan was not sure whether what Mr. Li said was true and reliable, so he let Hu Yang decide whether to see him or not.

"Assistant Lin, ask Awen to prepare the car. I will go to Xintong International immediately."

It's not very far from Huijia International Building to Xintong International. You can definitely get there within an hour.

In fact, it only took Hu Yang 31 minutes to get to the administrative building of Xintong International.

Not long after waiting in the conference room, Hu Yang saw Lin Yan leading a group of three people in.

"Hello, I am Li Hanhai, director of the National Integrated Circuit Development Fund. These two are my colleagues."

"Hello, you three! I am Hu Yang, executive director of Xintong International. Welcome to Xintong International. Please take a seat."

The visitor did not exchange too many greetings with Hu Yang, and acted vigorously and resolutely. As soon as he sat down, he took out the introduction of the Integrated Circuit Development Fund from his bag and handed it to Hu Yang.

"Let's make a long story short... Xentong International is a leading domestic wafer foundry company and deserves the support of this fund. We have also heard that Xintong International's additional financing on the Stock Exchange did not go smoothly. We just happened to take advantage of this

Chance, we plan to buy the shares you sell online. Xiao Yuan, give me the agreement..."

Li Hanhai doesn't know what he did before, but he has a very strong aura.

"Mr. Li, first of all, I would like to thank the Integrated Circuit Development Fund for its support of Xentong International. However, the online sale part is more troublesome and requires full subscription in advance."

Hu Yang felt that the other party was very considerate and knew that the issue of additional issuance was not going well, so he came to deliver money.

It's not a coincidence. If they had come earlier, Populus euphratica might not have put the 40% share on the public sale.

"Xiao Liang, please tell Mr. Hu the rules of the Stock Exchange."

While Li Hanhai read the agreement, he called another young man to explain to Hu Yang.

"Mr. Hu, the rules of the Stock Exchange allow companies to withdraw their applications for additional issuance before the public offering. Before coming, we discussed it. If we withdraw and then go for private placement, it will take a long time. Of course, the decision-making power for all this lies with

Mr. Hu, we are just providing a reference."

Xiaoliang was very polite and explained very well.

"Mr. Hu, what's your opinion?"

Li Hanhai quickly read the agreement and found no omissions. Then he raised his head and looked at Hu Yang with a smile.

"I don't have a big problem here. I just need to call the directors later. However, Mr. Li, I would like to ask, how many years can a fund like yours usually lock in stocks?"

Hu Yang is more accustomed to Li Hanhai's style, so he speaks directly and does not beat around the bush.

"At least three years, at most, maybe ten years? It's hard to say. In short, it is a long-term and stable shareholding." Li Hanhai said with a smile: "By the way, this fund is purely an investment and will never interfere with the normal production and operation of the company.

"

Funds' support for enterprises is completed through market-oriented operations. It is also normal for funds to withdraw from enterprises at the right time.

Hu Yang nodded, put down his doubts, and then asked the secretary to inform the directors.

Unsurprisingly, all directors agreed to change the form of additional issuance, canceling the online public offering, and using private placement of all 2.6 billion shares.

Next, issue an announcement, reapply to the exchange... and go through this process again.

However, the exchange gave the green light, and the additional issuance of Xintong International was successfully completed.

After this additional issuance, the total share capital of Xintong International will become 15.46684 billion shares.

Among them, Huijia Holdings holds 542.72 million shares of Xintong International, accounting for 3.51%.

Huijia International Investment (Deep Sea) Company purchased 1.04 billion shares in this round of additional issuance at a cost of HK$2.808 billion (2.9744 billion yuan).

Previously, Huijia International Investment (Deep Sea) Company held 3.37755 billion shares. After the additional issuance was completed, this number became 4.41755 billion shares, and the shareholding ratio changed from 26.25% to 28.56%.

As of now, Hu Yang’s two companies, Huijia Holdings and Huijia International Investment, hold a total of 32.07% of Xintong International’s shares.

In this round of additional issuance, Xintong International has raised a total of 7.436 billion yuan (HK$7.02 billion), and the company's financial situation has greatly improved.

"Boss, we are done with things here in the Magic City. Shall we go back to the deep sea in the next two days?"
Chapter completed!